Member Info for MrMagic

I predict it will finish under 1p today

Last week's pump & dump is so very clearly over. SP is relentlessly heading back down to 0.7p levels and will imo continue Southward from there on the next issue of worthless confetti shares.

Look at the 3mth chart

https://i.postimg.cc/52PB6CLB/RGMChart3-Mth.png

Clear to see the pump is over and the SP is on the way down. Taking a small loss is often better than holding with false hopes and suffering a much bigger loss imo.

DYOR

lol Helpful, the desperation is getting palpable now !!!

No-one is interested in this POS. MMs keep trying their age old tricks. Up the Ask but not the Bid so spread increased.

Only 9 trades yesterday, only 5 the day before, 4 before that and only 3 showing so far today.

It really is laughable and yet here you are still trying to pump it

Probably one of the worse shares on AIM with one of the worst BODs. A total dilution pit.

Over £2m total current liabilities and Expenses running at £800,000+ (according to half year report)

When is the inevitable confetti placing to fund salaries and Admin?

DYOR

Half Year Report stated:

Cash and cash equivalents - £139,000

Total Current Liabilities - £2,362,000

Admin, Project & Other Expenses running at £828,000 a year

How long before Bell pawns off more of the valuable Jupiter shares ?

Weren't you going to take this private (lol)?

DYOR

lol Helpful. Desperate stuff

lol at the spread. MMs must think we're idiots

Good stocks are flying today.

RRR is 5.45% down and RGM flat. I question why anyone would even give these companies a 2nd look in the current buoyant markets. Too many strong companies out there to contemplate risking any cash in long standing AIM diluters imo. Thankfully I'm not one of the ones left holding the baby here after last weeks pump & dump but if I was, I'd be selling for a small loss, lesson learned and getting my money into any of the plethora of big companies that are starting to take off now that lockdowns are being relaxed.

DYOR

Yours is a common story Jay. Always ignore the pathetic shameless ramping of AIM lifestyle companies and instead look at the fundamental facts which are in the Annual Reports. Ask yourself:

Does the company ever make a profit?
Does the BOD have any personal skin in the game?
Does the company repeatedly dilute shareholders?
Does the company have any income?
Does the company spend preposterous £millions on Admin?

Simple really.

RGM ANNUAL REPORT RESULTS
===========================

2012 - Loss of £2,112,350 - Admin £1,091,108 - Cash raised £907,090
2013 - Loss of £5,166,017 - Admin £1,224,013 - Cash raised £3,327,678
2014 - Loss of £1,508,812 - Admin £881,947 - Cash raised £1,212,805
2015 - Loss of £5,888,742 - Admin £964,761 - Cash raised £1,049,765
2016 - Loss of £1,965,722 - Admin £594,733 - Cash raised £781,595
2017 - Loss of £534,267 - Admin £414,943 - Cash raised £1,576,701
2018 - Loss of £1,549,619 - Admin £735,697 - Cash raised £1,150,000
2019 - Loss of £2,607,978 - Admin £652,918 - Cash raised £240,000

Total Losses above - £21,333,507

Total cash raised above - £10,245,634

Total Admin above - £6,560,120

Total avoid for me

The pump is over here imo. SP will drop back down to 0.7p levels now imo

DYOR

Same old lame ramping Hawaii?

At the outset of Feb you posted this:

"Currently the stock is well bid and the buyers are slowly taking control, when this moves it will be fast, you have to be in it to win."

Shameless stuff ! The SP was 3p at that time. It subsequently fell to 0.7p levels. A loss of 80% of the value since the consolidation at Christmas. Thankfully I didn't pay the slightest heed to your silly sound bites designed to lure in the naïve.

Last week's pump and dump is clearly over imo. Those who are left holding the baby should learn the lesson and move on imo.

This will drop back down imo and the next bout of worthless confetti will see it plummet lower. It always does as shown perfectly by the charts.

The business model here is one of constant confetti issues and high expenditure on salaries and Admin. As a result the SP will always be decimated.

Total avoid for me

DYOR

CDF1 - "maybe my money would be better invested elsewhere for now"

Pretty much anywhere in fact ! imho

DYOR

Gone, job done imo

Watch for the holding RNSs imo. If YA/Riverfort sold their 18m shares then it has to be declared. With 168m shares in issue 1% of that would be 1.68m. Correct me if wrong but I believe significant holders of more than 3% must RNS every 1% movement up or down. The shares I presume became unlocked 2 weeks ago on June 1st. Should have been an RNS by now if they sold a significant number of those shares imo. Thoughts?

Losses incurred, cash raised via placings etc, amounts frittered on Admin

2012 - Loss of £2,112,350 - Admin £1,091,108 - Cash raised £907,090
2013 - Loss of £5,166,017 - Admin £1,224,013 - Cash raised £3,327,678
2014 - Loss of £1,508,812 - Admin £881,947 - Cash raised £1,212,805
2015 - Loss of £5,888,742 - Admin £964,761 - Cash raised £1,049,765
2016 - Loss of £1,965,722 - Admin £594,733 - Cash raised £781,595
2017 - Loss of £534,267 - Admin £414,943 - Cash raised £1,576,701
2018 - Loss of £1,549,619 - Admin £735,697 - Cash raised £1,150,000
2019 - Loss of £2,607,978 - Admin £652,918 - Cash raised £240,000

Total Losses above - £21,333,507

Total raised above - £10,245,634

Total Admin above - £6,560,120

Directors keep paying themselves despite the yearly losses made. Just look how much of the raised
cash disappears in Admin alone !!

DYOR

Losses incurred, amounts of cash raised by placings etc and amounts frittered on Admin

2012 - Loss of £1,962,882 --- raised £4,441,844 - Admin £2,275,786
2013 - Loss of £22,105,562 -- raised £4,103,795 - Admin £4,751,948
2014 - Loss of £4,113,460 --- raised £2,723,861 - Admin £1,563,808
2015 - Loss of £8,411,541 --- raised £2,327,377 - Admin £1,334,404
2016 - Loss of £283,280 ----- raised £1,155,323 - Admin £758,351
2017 - Loss of £1,114,213 --- raised £300,000 --- Admin £644,688
2018 - Profit £78,120 ------- raised £421,668 --- Admin £849,518
2019 - Loss of £1,723,881 --- raised £853,089 --- Admin £591,777

Total Losses above - £39,792,939

Total Cash Raised - £16,326,957

Total Frittered on Admin - £12,770,280

Once can see readily why there is seldom shareholder value here and why there is a constant need to dilute.

Just look how much of the available cash is just used for Admin. It is imo utterly preposterous.

As night follows day Bell will be back with the placing begging bowl soon enough to pay his wages and Admin.

Nothing will ever change here until he and the rest of the BOD are removed and replaced.

DYOR

To be fairer Bell & Co have had 15 years to build up a significant holding here but never have because they know how they run the company, with death spiral dilution that destroys the share price. There's no excuse whatsoever for the despicable BOD not having a decent holding here, there never has been.

Unbelievable how desperate Helpful has now become and that can only mean for me that more confetti is imminent and that he is participating in a placing. My personal assumption after years of watching this same tired old song and dance routine. Believe what you will of course.

One glance at the sea of red trade list last week and the plethora of block round sells tells me all I need to know. My guess is any placing will be at 0.2p or worse.

Consequently I'm not remotely tempted to buy here. Dilution perpetually kills the SP.
Already the nominal share value has been lowered from 0.1p to 0.01p
Already the shares have been consolidated

Doubtless old Bell will rinse repeat and consolidate them again soon enough

One to completely avoid for me personally

DYOR

Helpful doesn't need paying to shamelessly pump one of the worst stocks on AIM. He bought lots of shares at far higher prices and has his money locked into the £1m+ outstanding Convertible Loan Notes which should have been paid back 3 years ago but which instead have just been rolled forward year after year.

His scattergun posting of silly Twitter links is an act of pure desperation. In a world where stocks across the board (even RGM) have enjoyed a little lift due to the Coronavirus situation, RRR remains the stagnant cesspool that it is run by the same despicable BOD who for years have run the company (imo) as a lifestyle venture for their personal enrichment. Constantly diluting shareholders, constantly issuing billions of worthless bits of confetti, constantly decimating the share price. Lowering the nominal share price from 0.1p to 0.01p so dilution could continue, consolidating the shares on top.

Helpful's CLNs had a conversion price of 0.8p and an interest rate of 10%. That was 2017. They've been rolled over for a third year and the conversion price has now had to be lowered to 0.6p and the interest rate upped to 12% to keep Helpful and Co happy. You can only pity them. He has promoted the stock for years just as he promoted Mayan Energy which also issued worthless confetti on an industrial scale and saw its SP utterly decimated.

Anyone who follows these kind of people thoroughly deserve to lose their money.

As for Bell, yes, he has shown that he is not prepared to have the courtesy to put out RNS's for key loans and transactions made by the company nor for SP affecting events.

He did not RNS when he made loans and transactions with Amulet Diamonds
He did not RNS when he loaned Steelmin a further £1.1m
He did not RNS when Steelmin (in which RRR held a 22% stake) went into Administration
He did not directly RNS when he cashed in 1.5m of the "crown jewels" Jupiter shares

One is therefore left to wonder what other loans, transactions and/or events have occurred that equally have not been RNS'd to shareholders and the markets. Investing here would be investing blind imo.

It has become an utter joke and nothing will ever change here until Bell and the rest of the BOD are removed and have absolutely no ties to the company imo.

It's just a matter of time imo for the next batch of worthless confetti to be issued. Each to their own

DYOR

Steven4 - "Someone 4 sure unloading shares on any rise"

As posted earlier:

From RNS 7th Feb:

"The balance of 18,174,545 shares held by YA PN II Ltd and Riverfort Global Capital will remain bound
by the existing provisions of the lock-in agreement and are therefore not available to trade until June 2020"

https://www.lse.co.uk/rns/RGM/partial-release-of-lock-in-67k7w1pzih7e966.html

18m shares were unlocked plus 30% of the remaining RRR holding was also unlocked.

The lame pumping began at that point. Coincidence? You decide. It remains to be seen whether YA/Riverfort and RRR are dumping but that would be my guess.

This will imo plummet back down to 0.7p levels again at which point the traders will try for another bite at the cherry imo.

Suckers game.

Absolutely no need whatsoever to consider putting any cash in here when there are so many good, sound stocks starting to take off which are bagging and which will continue to do so. RRR and RGM are merely pump and dump stocks for the naïve imo hence I stay well away.

Don't get left holding the baby here imo.

DYOR

Totally agreed. Down goes the SP. Pump then dump and all just happening to coincide with the unlocking of 18m YA/Riverfort shares. A convenient turn of events for them if they are selling those shares onto naïve mug punters. We will find out in due course if this has been the case from RNS's.

Either way I've watched RRR and RGM for years and the song and dance routine never changes. The business models are imo utterly catastrophic to anyone holding shares for more than a quick in/out dip. The SPs are constantly decimated.
Perpetual confetti share issues, tons of cash going to salaries and Admin, naff all revenue.

The SP here has lost 97% of it's value since Jan 2019

The SP here has lost 66% of its value since December

The SP here will always continue Southward as that is the result of the business model. If you can catch an orchestrated spike along the way then good luck to you but there are so many strong mainstream companies just now making huge gains with almost no risk at all involved that I can't see why anyone would choose to put cash in awful AIM tiddlers.

Just look at the various charts here:

https://i.postimg.cc/NF4h85Rc/RGMCharts-3mth-10yr.png

I most certainly would not want to be the one left holding the baby here

DYOR

Good God not a 3rd share consolidation CDF surely !

Bambos you've been pumping this POS for years as well as RRR. You were telling people to buy in Jan 2019 when the SP was 0.37p (pre-consolidation). The pre-consol SP today is 0.012p. That's a loss of 97% of the share value. Imagine how many people have lost £1000s from your abysmal advice !

Luckily I am totally immune to "jam tomorrow" baseless rhetoric . Consequently I won't be one of the ones left holding the baby here when the SP falls back down

DYOR

From RNS 7th Feb:

"The balance of 18,174,545 shares held by YA PN II Ltd and Riverfort Global Capital will remain bound
by the existing provisions of the lock-in agreement and are therefore not available to trade until June 2020"

https://www.lse.co.uk/rns/RGM/partial-release-of-lock-in-67k7w1pzih7e966.html

Since those shares were unlocked there has been a concerted pump effort on the chat boards.

Total avoid for me

DYOR

SP here was 0.375p in Jan 2019. The shares have been consolidated 1-100 since then Today's SP of 1.2p would be 0.012p in pre-consolidation terms.

This means the share has lost 97% of it's value since Jan 2019.

It's also lost 66% of its value since this Christmas alone

The usual ramping suspects are crowing at a tiny spike improvement coinciding as it does just as YA/Riverfort's 18m locked shares have become unlocked.

Attempts to paint this catastrophic performance in a good light is a deception reserved only for unscrupulous stock promoters.

The company has incurred losses of over £21m since 2012. It has raised over £10m in cash in that period and spent over £6.5m of it just on Admin.

I thank long standing pumper Helpful and others for their encouragements to buy shares in this thoroughly POS stock but I respectfully decline as I value my money and would most certainly not wish to be left holding the baby here when the share dumping is finished. There are far too many very solid companies making huge gains to put money in to even contemplate risking money in the catastrophically abysmal entity that is RGM (or RRR for that matter). Imho.

DYOR